SPX6900 bulls back in control after 12% rally in 24 hours: More gains?
The post SPX6900 bulls back in control after 12% rally in 24 hours: More gains? appeared on BitcoinEthereumNews.com. Journalist Posted: September 19, 2025 Key Takeaways What fueled SPX’s sharp 12% rally? Whales resumed accumulation in both Spot and Futures markets, signaling renewed confidence. What are the next key price targets for SPX? Liquidity clusters at $1.8 and $2 act as price magnets, with these levels potentially setting up a deeper bullish cycle. SPX6900 [SPX] is back in the spotlight after a sharp 12% rally in a single day. The move has sparked fresh debate on whether whales are quietly fueling the surge, or if retail demand will need to step in to carry it further. Whale accumulation back on the radar In the spot market, whale addresses have started accumulating more long positions again at the current $1 price level. This is significant because spot accumulation has been scarce since SPX was at its recent lows. The sudden shift suggests that long -term large holders are regaining confidence and see value at current levels. Source: CryptoQuant On the Futures side, though, whale participation has been more consistent, according to the recent CryptoQuant data. The steady accumulation of contracts by whales in the Futures market affirms that SPX’s rally is not just a short-lived bounce. Futures players typically move with stronger directional bets, and their activity leans bullish for SPX in the near term. Source: CryptoQuant Liquidity levels point higher Liquidity data adds more bullish bias to the aforementioned. CoinGlass data showed liquidity clusters of resting orders sat above the press time cost at $1.8 and $2, both of which could act as magnets for price. If momentum continues, traders and investors are likely to push the altcoin prices toward these levels in search of liquidity, making them the next short-term targets in line. Source: CoinGlass What’s next for SPX? For now, the setup looks optimism with SPX bulls…
The post SPX6900 bulls back in control after 12% rally in 24 hours: More gains? appeared on BitcoinEthereumNews.com.
Journalist Posted: September 19, 2025 Key Takeaways What fueled SPX’s sharp 12% rally? Whales resumed accumulation in both Spot and Futures markets, signaling renewed confidence. What are the next key price targets for SPX? Liquidity clusters at $1.8 and $2 act as price magnets, with these levels potentially setting up a deeper bullish cycle. SPX6900 [SPX] is back in the spotlight after a sharp 12% rally in a single day. The move has sparked fresh debate on whether whales are quietly fueling the surge, or if retail demand will need to step in to carry it further. Whale accumulation back on the radar In the spot market, whale addresses have started accumulating more long positions again at the current $1 price level. This is significant because spot accumulation has been scarce since SPX was at its recent lows. The sudden shift suggests that long -term large holders are regaining confidence and see value at current levels. Source: CryptoQuant On the Futures side, though, whale participation has been more consistent, according to the recent CryptoQuant data. The steady accumulation of contracts by whales in the Futures market affirms that SPX’s rally is not just a short-lived bounce. Futures players typically move with stronger directional bets, and their activity leans bullish for SPX in the near term. Source: CryptoQuant Liquidity levels point higher Liquidity data adds more bullish bias to the aforementioned. CoinGlass data showed liquidity clusters of resting orders sat above the press time cost at $1.8 and $2, both of which could act as magnets for price. If momentum continues, traders and investors are likely to push the altcoin prices toward these levels in search of liquidity, making them the next short-term targets in line. Source: CoinGlass What’s next for SPX? For now, the setup looks optimism with SPX bulls…
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